IQ MPN
A Master Promissory Note (MPN) is a contract between the borrower and lender to re-pay a loan. JustIQ’s IQ MPN collects personal information provided by the borrower during the online loan application process. At the end of the application, the borrower’s information is displayed in an Adobe Reader® version of a MPN that can be printed or e-mailed.
- Simplifies the loan application process
- Reduces paper requirements
- Provides a faster turnaround for both the borrower and lender